Jobs at Neveah Limited – Apply Now

Job Purpose

• The Cost Accountant will be responsible for monitoring and analyzing the costs associated with the production and operations of the aluminum and copper recycling plant. The role involves ensuring cost efficiency, preparing detailed cost reports, and providing actionable insights to support financial and operational decision-making.

Key Responsibilities
Cost Analysis and Reporting:

• Analyze costs incurred in production processes, including raw material procurement, labor, and overhead.
• Develop detailed cost reports and variance analyses to monitor performance against budget.
• Provide insights into cost-saving opportunities and process improvements.

Inventory and Fixed Asset Management:

• Manage the valuation of raw materials, work-in-progress, and finished goods inventory.
• Ensure accurate cost allocation and reconciliation of inventory.
• Maintain and monitor the fixed asset register for the plant.

Budgeting and Forecasting:

• Collaborate with the finance and operations teams to prepare annual budgets and forecasts.
• Monitor and report variances between actual costs and budgets, providing explanations and corrective actions where necessary.

Cost Control and Optimization:

• Implement cost control measures and track their effectiveness.
• Conduct profitability analysis for different production lines and product categories.

Compliance and Internal Controls:

• Ensure adherence to accounting standards, company policies, and regulatory requirements.
• Establish and maintain robust internal controls related to costing processes.

Data Management and Reporting Tools:

• Develop and maintain cost accounting systems, tools, and reports.
• Utilize ERP systems for real-time cost tracking and analysis.

Collaboration and Support

• Work closely with the production, procurement, and logistics teams to ensure accurate cost data.
• Provide support during internal and external audits by preparing cost-related reports and documentation.

Qualifications and Experience

• Education: Bachelor’s Degree in Accounting, Finance, or a related field. A professional qualification (e.g., ACA, ACCA, CMA) is highly desirable.
• Experience: Minimum of 7 years of experience as a Cost Accountant or similar role, preferably in a manufacturing or recycling industry.

Technical Skills:

• Proficiency in cost accounting principles and practices.
• Strong knowledge of ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
• Familiarity with industry-specific costing methods and inventory valuation techniques.

Soft Skills:

• Analytical mindset with excellent problem-solving abilities.
• Strong communication and interpersonal skills for cross-functional collaboration.
• Attention to detail and ability to manage multiple tasks effectively.

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Background

• We seek to hire a qualified and technically competent Procurement Officer for our Aluminium and Copper Ingots Manufacturing Plant. However, this role is for Onitsha.
• The Factory, which is based in Mowe [Lagos-Ibadan Express Way], Ogun state will primarily recycle a broad range of scrap materials and convert them to usable Aluminium and Copper Ingots for different manufacturing purposes.

Responsibilities
The ideal candidate will (but is not limited to):

• Source for suppliers of scraps and raw materials.
• Adhere to guidelines on how often the company gets price quotes for items, the number of bids to accept, and which vendors to consider.
• Procure goods for the company.
• Update supplier list/database regularly.
• Supplier relationship/engagements.
• Discuss contracts and possible engagements through the Manager.
• Evaluating quality, price, reliability, technical support, and availability of goods and services.
• Monitor scrap suppliers’ deliverables and timelines.
• Prepare and send out weekly/monthly reports.

Key Performance Indicators (KPIs)

• Achieve at least 95% on-time delivery of scrap materials from suppliers.
• Maintain procurement cost savings of 5–10% through effective negotiation and sourcing.
• Ensure 98% supplier quality compliance on all aluminium and copper scrap deliveries.
• Maintain 100% adherence to procurement policies and reporting timelines.
• Keep procurement spend within ±5% of approved budget.
• Achieve 98% ERP data accuracy and timely update of supplier database.

Education and Experience

• A Degree in Supply Chain Management, Economics, Business Administration, Engineering, or a related field.
• Aluminum Scraps procurement experience is required.
• 4 years of experience in a purchasing or procurement role for a recycling facility.

Required Competence:

• Knowledge of procurement software and tools.
• Knowledge of Microsoft Dynamics or other ERPs.
• Interpersonal skills such as teamwork and good listening skills.
• Negotiation skills.
• Excellent communication skills.
• Ability to manage time and organize.
• Strong leadership skills
• Ability to multitask.

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